According to new research by Kaspersky Labs, Ethereum is the favoured coin for cryptocurrency scammers worldwide. As the most notorious cryptocurrency behind Bitcoin, Ethereum is the obvious choice for a scammer, built on a huge network but with little mainstream attention, it allows scammers to remain hidden, yet still able to access a huge network filled with the potential to commit fraud. It’s almost like the Ethereum blockchain is a sewer for hackers and cyber criminals, a breeding ground for those who want to illicit crypto out of their victims.
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